MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Software
Written by / Agency / Source: Quiterian
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Actuate′s Newest Release of BIRT Analytics Adds Key Advanced Predictive Analytics for Business Analysts - New features bring data to life through pattern detection, decision trees, and campaign workflow definition to effectively analyze data and execute campaigns (NASDAQ: BIRT) - Actuate.com / BIRT-Exchange.com
Actuate′s Newest Release of BIRT Analytics Adds Key Advanced Predictive Analytics for Business Analysts

 

NewswireToday - /newswire/ - San Mateo, CA, United States, 2013/06/18 - New features bring data to life through pattern detection, decision trees, and campaign workflow definition to effectively analyze data and execute campaigns (NASDAQ: BIRT) - Actuate.com / BIRT-Exchange.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Actuate Corporation, The BIRT Company™ - delivering more insights to more people than all BI companies combined, today announced the latest release of BIRT Analytics software specifically designed for business analysts. BIRT Analytics is the first product to enable advanced predictive analysis - through a variety of techniques - of data from any source.Companies who want the best combination of ease of use, analytic horsepower and ability to process billions of data points buy BIRT Analytics for their business analysts to make predictions without coding.

Adding to its already rich set of capabilities for business analyst-driven predictive analytics, BIRT Analytics 4.2 sports three new advanced features: Association Rules for detecting purchase patterns over time (for instance in grocery receipts by and across customer segments); Decision Tree, which allows prediction of outcomes based on decision paths; and Campaign Workflow to enable you to effectively execute campaigns based on the analysis, and set up a process to improve them based on analyzing the results.′With BIRT Analytics we offer the best of all analytic worlds, ′ said Nobby Akiha, Senior Vice President of Marketing at Actuate. ′The business analyst no longer has to be content with ‘predictive analytics lite′ - BIRT Analytics 4.2 provides the analytical horsepower of traditional statistical tools in an easy-to-use visual product that analyzes all types and sizes of data - including Big Data.′

Most products available today do only part of the predictive analytics job for specific audiences: A few perform simple discovery for select analysts; others are designed for statisticians who are trained to code predictive models. BIRT Analytics empowers business analyststo, independently, discover correlations and predict behaviors and outcomes through techniques like customer segmentation, next best offer and vendor risk or customer loyalty.

BIRT Analytics empowers the business user to make data-informed competitive decisions today, and to communicate with customers/patients/clients based on that intelligence. With BIRT Analytics you can run various analytic techniques, design a campaign, predict the likely outcomes of campaigns, analyze the campaign results and begin the cycle again, continually improving business results.

Delivers Big Data value much sooner than any Big Data project
The urgent need to predict a buyer′s behavior exists with or without Big Data. It exists across industries for both product manufacturers and service providers; in banking, health care, technology, government, consumer goods and countless other specialties. Before the availability of BIRT Analytics, business unit analysts had to queue their project requests with IT departments or depend on data scientists to share insights gleaned from long exercises.

While the first of the three stages of Big Data Management (Organizing) is currently occupying the attention of IT in many organizations, the second (Visualizing & Analyzing) and third (Operationalizing) stages are critical to business units and their business analysts. In one solution BIRT Analytics gives this group a powerful set of techniques for predictive analysis, and a way to immediately operationalize - internally and externally - the gleaned insights. BIRT Analytics shows you the correlations, patterns and predictions you need today to increase business effectiveness and profitability, effectively bringing static data to life. And, later, the analyses performed in BIRT Analytics can inform the objectives of the Organizing stage of Big Data Management.

Key features of BIRT Analytics 4.2

• BIRT Analytics 4.2 adds the following features and benefits.
- New automated analytic techniques - Association Rules and Decision Trees to enhance the predictive nature of the product; Association Rules is used for ′Market Basket Analysis′ while Decision Tree analysis is often applied to ′next best offer′ problems.
- Improvements to data loading and preparation, including the ability for users to add personal data such as that contained in spreadsheets, and combine it with traditional analytic sources such as corporate data warehouses, website traffic and activity logs, and publicly available demographic information. BIRT Analytics also adds five data preparation techniques that automate the process of making data suitable for further analysis. These techniques are: Normalization, Linear, SoftMax, Logistical Scaling and Remapping of Values. These techniques can prevent distortions in analysis and reduce computation time.
- Process automation through Campaign Management (to inform marketing automation tools like Marketo and Eloqua) and iWorkflow event execution and scheduling.

• Faster display of performed analysis than any other product - billions of rows of data displayed at speed of thought, with interactive visualizations in less than 10 seconds to uncover new profit opportunities.

• No other product on the market delivers the unique combination of behind-the-scenes algorithmic power, ease of use, and sheer speed of BIRT Analytics, while bypassing the need for pre-modeling (pre-processing) of data.

′BIRT Analytics combined with the rest of the modules in the ActuateOne® BIRT-based product suite ties together internal and external data-oriented business management, and allows you to fulfill today′s mandate to manage by data for competitive advantage, ′ concluded Akiha.

About Actuate - The BIRT Company™
Actuate founded and co-leads the BIRT open source project, which is used by over 2.5 million developers around the globe and serves as the foundation of the ActuateOne® platform. Applications built on ActuateOne deliver more business and consumer insights to more people than all BI companies combined - ensuring organizations are ready for the exponential growth of Big Data and the proliferation of touch devices.

The ActuateOne platform empowers developers to rapidly develop custom, BIRT-based business analytics and customer communications applications. ActuateOne applications built with one BIRT design can access and integrate any data, including unstructured sources. They provide one user experience regardless of skill level and are supported by one platform for any cloud, hybrid, on-premise, web or touch device deployment.

Headquartered in Silicon Valley, Actuate has over 5,000 customers globally in a diverse range of business areas including financial services, technology and the public sector. Actuate is listed on NASDAQ under the symbol BIRT. For more information, visit actuate.com or engage with the BIRT community at birt-exchange.com/.

Copyright© 2013 Actuate Corporation. All rights reserved. Actuate, ActuateOne, and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Quiterian

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Actuate′s Newest Release of BIRT Analytics Adds Key Advanced Predictive Analytics for Business Analysts

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Press Dept. - Quiterian.com 
info[.]quiterian.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Quiterian securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Quiterian / Company Profile


Read Software Most Recent Related Newswires:

TIBCO Identified as a Leader in the 2020 Digital Business Platforms Report by Aragon Research
Yardi Commended as EPA 2020 ENERGY STAR® Partner of the Year
Splunk Goes All In on Observability with SignalFx Microservices APM
SAP.iO Fund Invests in Deepgram for Gleaning New Insights from Speech
Cicero Recognized with Enabling Technology Leadership Award by Frost & Sullivan for its Product Line Strength and Customer Impact
Detego Announces a New Solution for Managing the Increasing Number of eCommerce Returns up to 90% Faster, as Retailers Focus Efforts to Online Channel
SAP Kicks Off SAP.iO Foundry Paris for HR Tech Startups
Aptean Supports Research to Fight COVID-19 Pandemic by Offering Worldwide Complimentary GenomeQuest Usage to Scientific Community
InterSystems Recognized for Second Year in a Row with 2020 Gartner Peer Insights Customers’ Choice for Operational Database Management Systems
SAP and Accenture Launch Upstream Oil and Gas Solution to Help Streamline Processes and Costs
Oldest Trailer Manufacturer in The Netherlands Continues to Innovate to Serve Customers Easier, Faster, Better
SAP.iO Foundry Tokyo Launches Industry 4.0 Startup Acceleration Program
Oracle Cloud Powers New Video, Gaming, and Sports Streaming Services
New API Integration from Matrix & WideOrbit Delivers AR Transparency
SAP and Goldman Sachs Innovate to Offer Global Payments on Ariba Network

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  JobsWare.com





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)